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re: Update --- Mortgage underwriter doesn't agree with appraisal
Posted on 6/4/16 at 3:26 pm to TDsngumbo
Posted on 6/4/16 at 3:26 pm to TDsngumbo
I am little confused with the update. Are they ordering a standard 3 review of the report that was issued? Are the ordering an update to the report that was issued? I am surprised they didn't just order a new appraisal.
Posted on 6/4/16 at 4:07 pm to DieSmilen
New appraisal makes more sense. Your buyer appears to have a turd clogging the pipes on his financing end. Whether it's in the form of the loan officer, his supervisory or branch management staff, the Underwriter or just the lender they are trying to run the paper through, a delay like this is something I'd be bending over backwards for if I were a Broker or Loan Officer...and if I were you I'd grab a Snickers.
This one mayyyyy be awhile...
This one mayyyyy be awhile...
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